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Jul 15, 2009
07/09
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FOXNEWS
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enron. enron did that. bill: ok. now, i think we laid it out so that even the "new york times" could understand it. this is a huge con. i will say i believe in global warming. i think the earth is getting warmer. that's what the stats say. we have researched that. there is no doubt. however, if mexico and china and india say no, we are going to do exactly what we do. even though we cut back. that's not going to matter. they live on the same planet. >> it doesn't matter. the president was in italy last week. did he not have the support of china, india. bill: they said forget it? >> this is all for nothing. cap and trade will pass a watered down version. bill: i don't think it will pass. >> i actually do. it will be watered down. 85% of these emission standards are these coupons. whatever you want to call them. give it away. and exchange traded and goldman sachs and everybody else can make money off of it and why shouldn't they? somebody is going to have to make cash. >> we are in the middle of a very nasty recession.
enron. enron did that. bill: ok. now, i think we laid it out so that even the "new york times" could understand it. this is a huge con. i will say i believe in global warming. i think the earth is getting warmer. that's what the stats say. we have researched that. there is no doubt. however, if mexico and china and india say no, we are going to do exactly what we do. even though we cut back. that's not going to matter. they live on the same planet. >> it doesn't matter. the...
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Jul 15, 2009
07/09
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FOXNEWS
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enron. enron did that. bill: ok. now, i think we laid it out so that even the "new york times" could understand it. this is a huge con. i will say i believe in global warming. i think the earth is getting warmer. that's what the stats say. we have researched that. there is no doubt. however, if mexico and china and india say no, we are going to do exactly what we do. even though we cut back. that's not going to matter. they live on the same planet. >> it doesn't matter. the president was in italy last week. did he not have the support of china, india. bill: they said forget it? >> this is all for nothing. cap and trade will pass a watered down version. bill: i don't think it will pass. >> i actually do. it will be watered down. 85% of these emission standards are these coupons. whatever you want to call them. give it away. and exchange traded and goldman sachs and everybody else can make money off of it and why shouldn't they? somebody is going to have to make cash. >> we are in the middle of a very nasty recession.
enron. enron did that. bill: ok. now, i think we laid it out so that even the "new york times" could understand it. this is a huge con. i will say i believe in global warming. i think the earth is getting warmer. that's what the stats say. we have researched that. there is no doubt. however, if mexico and china and india say no, we are going to do exactly what we do. even though we cut back. that's not going to matter. they live on the same planet. >> it doesn't matter. the...
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Jul 11, 2009
07/09
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FOXNEWS
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the pensions leaning too far is nothing new, back in the days of the ipo's or the enron worldcom situations where we-- nobody wants stocks anymore or the irriegsal exuberance of the stock market. right now, it's moved too far and the banks have a lot on their plates right now, julie. they've got a lot of properties that they foreclosed on, they need to work through to sell, they have a lot of problems with mortgages already on their books. >> julie: yeah. >> weather that's modification or some other way to work through that and they've got capital positions that are not what they've historically been. they've got crushed stock prices for bad earnings and i think right now, as they work through these things, any new risk they take on, julie, they're going to run pretty tough screens on it. unfortunately, for many americans looking to take advantage of cheap home prices, that's the catch 22. now, the prices are great, but you can't buy. >> julie: mortgage lenders like you point out are facing serious issues like the large amount of mortgages on their books that are delinquent or in default an
the pensions leaning too far is nothing new, back in the days of the ipo's or the enron worldcom situations where we-- nobody wants stocks anymore or the irriegsal exuberance of the stock market. right now, it's moved too far and the banks have a lot on their plates right now, julie. they've got a lot of properties that they foreclosed on, they need to work through to sell, they have a lot of problems with mortgages already on their books. >> julie: yeah. >> weather that's...
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Jul 15, 2009
07/09
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WUSA
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one guy opened it up after the enron scandal. he teaches classes on close- quarter combat. and he calls himself an inmate adaptation specialist. but this is my favorite. in l.a. there's an excon that served ten years for drug trafficking, security violations and distribution of machine guns. he has a course called fed time 101. >> oh, my goodness. >> and his course is help avoid assault, prison ringo and how to avoid the worst jobs in prison. >> reporter: and he had one chapter about prison feng shui. we are out of time and we will have an interview with one of these prison coaches today at wusa9.com. as lauren said, really? if you want to really find out about it is at wusa9.com. thank you. wow. >>> our time is 6:20. ahead highlights from the all- star game and hear what president obama says about the washington nationals. >>> but first it is the signs of now. >>> what recession? that's what one real estate company is saying after selling a $43 million home. it is the biggest sale of the year. so where did this deal go down? it is aspen, colorado, burlington, vermont or co
one guy opened it up after the enron scandal. he teaches classes on close- quarter combat. and he calls himself an inmate adaptation specialist. but this is my favorite. in l.a. there's an excon that served ten years for drug trafficking, security violations and distribution of machine guns. he has a course called fed time 101. >> oh, my goodness. >> and his course is help avoid assault, prison ringo and how to avoid the worst jobs in prison. >> reporter: and he had one...
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Jul 30, 2009
07/09
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HLN
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he's never had a trial. >>> at 3:00 p.m., the enron appeal is scheduled. en appeals court tossed out an earlier appeal of 24 years. >>> they stepped in for a guy in a horrible wreck last weekend. here's rafer. >> we talk about guys coming out refuse tirmt, but this had a different feel to it. felipe massa is still hospitalized after hitting that tire at full speed. michael shchumaker is coming to take massa's place on the team. his first place could come sunday on the european grand prix. a lot of people are looking forward to seeing that. >>> michael vick may be able to return a football, but not a lot of you are excited about it. a-rod was number three, followed by terrell owens and kobe bryant. the big surprise was john mcenroe at number 10. he retired years ago. what do you think about this and why? start your text with robin's name so it gets to us or e-mail us. jack texted, i dislike brett favre. he has played the attention game as much as he has football during his long, drawn-out retirement. he lost my respect. meanwhile, an anonymous viewer texted
he's never had a trial. >>> at 3:00 p.m., the enron appeal is scheduled. en appeals court tossed out an earlier appeal of 24 years. >>> they stepped in for a guy in a horrible wreck last weekend. here's rafer. >> we talk about guys coming out refuse tirmt, but this had a different feel to it. felipe massa is still hospitalized after hitting that tire at full speed. michael shchumaker is coming to take massa's place on the team. his first place could come sunday on the...
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Jul 16, 2009
07/09
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WJZ
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and the einsteins who changed that ball field in houston to enron field. how's that going? >> how's that working out for you? >> and a great honor and a worthy honor for robert f. kennedy, the triboro bridge in new york city has been named the robert f. kennedy bridge. >> national airport, reagan airport. >> i hear people call it reagan. >> i'm going to reagan. >> i do too. there's still a lot of people. >> it's generational. it takes a full generation of people who forgot what it used to be called. >> shea stadium is citi field. >> that one we'll never get used to. >> people still go to shea. >> and you're going to citifield to catch paul mccartney. >> i'm going to catch him in concert. very excited. >> remember when we saw ringo live on the roof in liverpool. >> i do. >> ringo told me of all the beatles, paul -- like newman on seinfeld seinfeld. paul is the one who always got all the girls. we brought it full circle i think. >> we feel good about it. >> i'm going to get out my guitar and strum kumbayah and maybe play us to break. >> still to come in the tv business, who m
and the einsteins who changed that ball field in houston to enron field. how's that going? >> how's that working out for you? >> and a great honor and a worthy honor for robert f. kennedy, the triboro bridge in new york city has been named the robert f. kennedy bridge. >> national airport, reagan airport. >> i hear people call it reagan. >> i'm going to reagan. >> i do too. there's still a lot of people. >> it's generational. it takes a full generation...
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Jul 22, 2009
07/09
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CSPAN
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. >> enron, world,, drexel works very well, the bankruptcy regime and do you agree that it's very important that you force creditors to internalize the cost of their credit decisions? >> absolutely otherwise you have it too big to fail institution which doesn't have any discipline other than the regulatory oversight. >> so this regime would totally reject the too big to fail? you wouldn't be asking taxpayers to guarantee or backstop losses. >> absolutely. too big to fail is an enormous problem. if we don't do anything else we need to solve that problem. this is critical because it would mean creditors would take losses if there are resolution costs the presumption is they would be paid by assessments on the other financial companies. >> with the republicans have proposed our financial services regulatory reform proposal includes an expedited bankruptcy within the bankruptcy code and i would ask you to particular attention to that. one thing that i am also concerned about is even having the financial system take those losses or the taxpayers and i would hope that we would preserve a true if
. >> enron, world,, drexel works very well, the bankruptcy regime and do you agree that it's very important that you force creditors to internalize the cost of their credit decisions? >> absolutely otherwise you have it too big to fail institution which doesn't have any discipline other than the regulatory oversight. >> so this regime would totally reject the too big to fail? you wouldn't be asking taxpayers to guarantee or backstop losses. >> absolutely. too big to fail...
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Jul 23, 2009
07/09
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CSPAN
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how come our previous administration can lose 3 or 4 years of e-mails, looking back at enron and the energy crisis we are in. why do we have access to this information? what were they talking about? you look at american enterprise institute's web page, they actually brag that one of their decisions trumps g.e.'s staff. it is a brag. go look at it. host: next is houston, open phones, democrats. go ahead, houston. caller: good morning. thank you, susan, for taking my call. host: sure. caller: you mentioned briefly something about the henry louis gates, jr. host: yes, we had a question on it earlier in the program. caller: i have yet to get the full story as to what really transpired with the incident with the police department there in cambridge. i'm surprised to know -- i don't know what size cambridge, massachusetts is. they have the harvard college there, but i'm surprised that there wasn't anything said about
how come our previous administration can lose 3 or 4 years of e-mails, looking back at enron and the energy crisis we are in. why do we have access to this information? what were they talking about? you look at american enterprise institute's web page, they actually brag that one of their decisions trumps g.e.'s staff. it is a brag. go look at it. host: next is houston, open phones, democrats. go ahead, houston. caller: good morning. thank you, susan, for taking my call. host: sure. caller: you...
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perhaps the columbus circle station or enron time square. you never know where this could end up. >> and in brooklyn of all places where they like to be independent and free from the commercialism. we're going to staples center, right? every single arena is -- >> or the nokia center across the street. >> richard doesn't look too happy about it at all. all right, richard. >> well, it could get confusing. >> at least they're not renaming the united nations any time soon. as far as we know. >> reporter: you never know. wellbeing. we're all striving for it. purina cat chow helps you nurture it in your cat with a full family of excellent nutrition and helpful resources. purina cat chow. share a better life. the gold delta skymiles credit card... from american express... it's the official card... largest airline. of the world's and it's the only credit card... that earns miles on delta. miles that take you... to more places than ever before. over 350 destinations worldwide. so switch today. get up to 25,000 bonus miles-- good for a free flight. ca
perhaps the columbus circle station or enron time square. you never know where this could end up. >> and in brooklyn of all places where they like to be independent and free from the commercialism. we're going to staples center, right? every single arena is -- >> or the nokia center across the street. >> richard doesn't look too happy about it at all. all right, richard. >> well, it could get confusing. >> at least they're not renaming the united nations any time...
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Jul 29, 2009
07/09
by
MSNBC
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you made about it's the same thing all over again, except on such a more monumental scale, because enron and worldcom were dealing with billions of shareholder work and citigroup and goldman and bank of america and aig are dealing with trillions of taxpayer money. >> well, and taxpayers who we're seeing, some of them, at least, some of the hardest times in generations. >> absolutely. that's really the opportunity cost of what we're doing. if you look at the fact that states all across america are carti cutting sbined debt is 1$166 billion. we gave aig $80 billion. >> should we have not bailed out goldman sachs? >> i think we should be breaking them up, actually we forming the system. it will happen again. there is no doubt. it will happen again. and it will happen again faster. >> it's not a prediction. >> jonathan capehart has a question for you. >> hi, jonathan. >> hi. do you think the executive pay will have impact on how these banks operate or is this just of window dressing to placate a very angry public. >> it starts as window dressing. putting an ad of too big to fail. unless we d
you made about it's the same thing all over again, except on such a more monumental scale, because enron and worldcom were dealing with billions of shareholder work and citigroup and goldman and bank of america and aig are dealing with trillions of taxpayer money. >> well, and taxpayers who we're seeing, some of them, at least, some of the hardest times in generations. >> absolutely. that's really the opportunity cost of what we're doing. if you look at the fact that states all...
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so think about the enron debacle, worldcom, in the past, ivan boesky, these are all people who hired prison consultants. those are the big names. but anytime there are people who are rich who end up in jail, they absolutely don't know the rules of what prison is like. it is such a huge change for them, they want to know -- you know, what do you do? how do you survive in there. so they'll go out and hire these prison consultants, who often have been to prison themselves, but say they are reformed and can sort of help and tell you what's going on. "the times" of london reports that madoff has now hired a consultant because he got the maximum, because he got those 150 years, there's no hope that he's going to be in some kind of a low-security facility. he's going to be in with violent offenders, murders and rapists. prison consultants who say that madoff could even end up incarcerated with terrorists, could end up with in super max in colorado. what they say from talking to people who work in the prisons, is that probably they'll put him in solitary for a long time for his own safety. b
so think about the enron debacle, worldcom, in the past, ivan boesky, these are all people who hired prison consultants. those are the big names. but anytime there are people who are rich who end up in jail, they absolutely don't know the rules of what prison is like. it is such a huge change for them, they want to know -- you know, what do you do? how do you survive in there. so they'll go out and hire these prison consultants, who often have been to prison themselves, but say they are...
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Jul 12, 2009
07/09
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CSPAN
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eye 263
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deatirivatives because they can protect against risk, they can lower costs, but as we saw with, i guess, enron, as a great example, they can take both dealers and investors down. and when that happens, i would like some assurance that the taxpayers are not going to ultimately be the ones who assume that risk. that's not what we ought to be about. last september, leading up to last september, a lot of people made investments. they wrote over the counter derivatives. they made billions of dollars. profits on the way up. but when things turned down, who was asked to come in and backstop them? who was asked to take the risk, to suffer the loss. it was the taxpayer. now i personally believe that we ought to allow corporations to continue to write customized derivatives and that, yes, the government can look at them, but i -- another thing that we ought to consider is the government the best party to judge risk? and i say no. i think the government has a very poor track record, regulators, of identifying risk. are we going to leave when we start having standardized trading of over-the-counter deriva
deatirivatives because they can protect against risk, they can lower costs, but as we saw with, i guess, enron, as a great example, they can take both dealers and investors down. and when that happens, i would like some assurance that the taxpayers are not going to ultimately be the ones who assume that risk. that's not what we ought to be about. last september, leading up to last september, a lot of people made investments. they wrote over the counter derivatives. they made billions of...
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Jul 19, 2009
07/09
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CSPAN
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eye 180
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when this company experienced enron there was outrage from coast to coast, people that were not informed about the material things that were happening and not happening within that company. because the shareholders were left in the dark. my concern is the lack of transparency to the shareholders and to the public at large, not only as investors but as investors -- as shareholders, if you will, being the taxpayers of this country. so the question i have, i want to follow up on mr. jordan's question, a little deeper into why you did not get a little agencies. for example, the s.e.c., why didn't you feel compelled to share information with them? >> first of all, we were working with the regulators that were involved in putting the financial assistance together. that was the effort. but the responsibility, it is not a treasury secretary's job to get between a compp -- company and the s.e.c., for instance. i've been around long enough to know these are critically important decisions, and that's the responsibility of a c.e.o. working with his general counsel and with the regulator. >> but you
when this company experienced enron there was outrage from coast to coast, people that were not informed about the material things that were happening and not happening within that company. because the shareholders were left in the dark. my concern is the lack of transparency to the shareholders and to the public at large, not only as investors but as investors -- as shareholders, if you will, being the taxpayers of this country. so the question i have, i want to follow up on mr. jordan's...
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Jul 17, 2009
07/09
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CSPAN
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, which has to do with the appointment power to the accounting board that congress set up after the enron scandal. there also is going to be a very early test for judge sotomayor when the court takes up what -- the briscoe case from virginia, and in essence the court is, i think, going to be re-examining a decision of just this term of the melon dez dee as case in which the court said if the prosecution in a criminal case wants to put in evidence a lab report, the confrontation clause requires that the chemist who prepared it be made available for cross-examination during the case. the vote was 5-4, and one of the five in the majority was justice souter, who is obviously retiring and will be replaced by justice, one suspects, sotomayor. she is, i think, more prosecution oriented than justice souter was, and i think there is a chance that the court, if it's willing to be somewhat embarrassingly bold, it may actually cast aside melendez dee as and start over in that area of the law. bob had mentioned cameras in the court there. is no real prospect, whatever arlen specter thinks to the contr
, which has to do with the appointment power to the accounting board that congress set up after the enron scandal. there also is going to be a very early test for judge sotomayor when the court takes up what -- the briscoe case from virginia, and in essence the court is, i think, going to be re-examining a decision of just this term of the melon dez dee as case in which the court said if the prosecution in a criminal case wants to put in evidence a lab report, the confrontation clause requires...
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Jul 7, 2009
07/09
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CSPAN2
tv
eye 304
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this on as an enron against prior establishment clause cases that had approved the public display of 10 commandments monuments, they thought those cases have already approved a sort of a rite of singular or preferred access to the 10 commandments, not equal access everyone gets to put up a monument and i think they were worried as a practical matter if we won this case cities would take down the 10 commandments on as before there and open their cars to a bunch of other crazy religious monuments. on the other hand, is justices were very aware as with the liberal justices that once you paul and arguably religious monument government speech you may get much more amenable to the establishment clause challenge and i think what is most interesting about the opinion in this case is how justice alito was the author of the opinion try to thread that neil, to call the monument government speech which in -- immunized from our free-speech claim that at the same time try to minimize the establishment clause exposure, sort of that kind of monument. and again in this shadow establishment clause are
this on as an enron against prior establishment clause cases that had approved the public display of 10 commandments monuments, they thought those cases have already approved a sort of a rite of singular or preferred access to the 10 commandments, not equal access everyone gets to put up a monument and i think they were worried as a practical matter if we won this case cities would take down the 10 commandments on as before there and open their cars to a bunch of other crazy religious...